That's rather unkind, notie. Let's give them some credit for trying to mix oil and coal to get a new combination. Bad combination unfortunately and it blew up in their faces.
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Hi digger ,
Tapis is now $107.68 .Do you think the rising price will result in the reassessment of finds previously declared to be uneconomic-such as TUI sw?, Certainly the rise in income will help fund new drills and increase the likelyhood of a reasonable dividend .
Could it be that the great wall of shares for sale has finally evaporated ? It is starting to look promising I believe.
Why's that Blockie?
There has for the last few months always been 1,2 or 3 hundred thousand shares on the sell side available wiithin 2-3c of the previous close, now that seems to have gone with 700,000 odd buyers in the 85 - 88c range and less than 100,000 shares available up to 92c.
incase not noticed, nzo 15% interest in ppp should now be a third of the way drilling towards the appraisal target in vietnam - success could add 450,000 barrels to nzo indirect reserves. new 3d was shot after the discovery in 2009.
M
Does anyone know where NZO sells their oil, which market, which exchange?
With all this civil unrest in North Africa and the Middle East the oil price is going to sky rocket. :cool: